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Property profile & analytics
OFF-MARKET
Land

1495 Grass Valley Hwy Auburn, CA 95603

3.71 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 3.71-acre commercial land parcel presents a unique investment opportunity in Auburn, California. Located at 1495 Grass Valley Highway, this property boasts over 700 feet of road frontage and is zoned C-2, allowing for a wide range of commercial uses. The asking price is $2,908,000, translating to $18 per square foot. Utilities are conveniently located on-site. The property has never before been offered for sale, presenting a rare chance to acquire a significant piece of commercial real estate in a high-traffic area. With an average daily traffic count exceeding 38,000 vehicles and prominent monument signage potential, this location offers unparalleled visibility and accessibility. A current tenant occupies approximately half the land, providing immediate income potential for a buyer who chooses to maintain the existing lease. Alternatively, the entire 3.71 acres can be developed to suit a buyer's specific needs. Permitted uses, subject to Placer County planning approval, include but are not limited to self-storage facilities, rental yards, and car sales lots. The APN is 038-103-003. This is a remarkable opportunity to acquire a substantial commercial property with significant development potential in a thriving Placer County location. Don't miss this chance to secure a prime piece of Auburn real estate.

Property profile
Verified
Property type Land
Lot 3.71 ac (161,608 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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